It took some serious nerve for Wiz to walk away from Google’s $23B offer

The report discusses Google’s strong cloud performance (first $10B quarter) alongside the collapse of a rumored $23B acquisition of cloud security firm Wiz, following an earlier HubSpot rumor. Analysts cite valuation goals ahead of a potential Wiz IPO, due diligence concerns, and regulatory uncertainty as possible factors, while suggesting Google overhaul its M&A approach. The piece frames Wiz’s rapid ARR growth and independence as strategic, noting market dynamics and lessons for Google’s deal-making.